Michelle Oliver featured in LA Times Hot Property

Century City Penthouse Fetches $15.2 Million.

A half-floor penthouse in Century City, a bluff-top villa in Palos Verdes Estates and a beachfront home in Santa Monica were among the high-water properties that changed hands in L.A. County from mid-March through April 1.

Nazarian Enterprises chairman Younes Nazarian, through a family trust, sold a half-floor penthouse at the Century building for $795,000 less than the asking price of $15.995 million. The buyer was a family trust tied to late textile pioneer and opera benefactor Hal Alden.

Designed by interior designer Joan Behnke, the 6,080-square-foot open-plan unit boasts such details as wide-plank floors, modern chandeliers and a double-sided glass wine cellar. A library done in lacquered zebrawood adjoins the master suite, which has his and hers bathrooms and walk-in closets.

Floor-to-ceiling windows bring city, mountain and ocean views inside the three-bedroom, five-bathroom residence. Sliding glass doors in the living room lead to two private terraces.

Michelle Oliver of Douglas Elliman repped the buyer.

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